1. Raghavendra sells a machine for Rs 43 lakhs at a loss. Had he sold it for Rs 52 lakh, his gain would have been 5 times the former loss. Find the cost price of the machine.
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By: anil on 05 May 2019 02.14 am
Let cost price of the machine = Rs. $$x$$ lakhs When selling price = Rs. 43 lakhs => Loss = Rs. $$(x - 43)$$ lakhs If selling price = Rs. 52 lakhs => Profit = Rs. $$(52 - x)$$ lakhs According to ques, Profit = 5 $$ imes$$ loss => $$(52 - x) = 5 imes (x - 43)$$ => $$52 - x = 5x - 215$$ => $$5x + x = 215 + 52 = 267$$ => $$x = frac{267}{6} = $$ Rs. $$44.5$$ lakhs => Ans - (C)
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